4 Mistakes to Avoid when Moving to AP Automation

As part of our AR/AP series, today we will uncover the four mistakes enterprise companies should avoid when moving their technology to AP Automation. Most enterprises no longer need convincing that automating tasks generally improves efficiency within an organization.  We…

Benefits of Open Banking for Canadian Consumers

VoPay Open Banking
This content was recently presented by our friends at FDATA North America to one of the big 5 Canadian banks. How Consumer Financial Data Access Works Today Credential-based authentication – “screen scraping”š Some FIs restrict or block accessš Messy, uneven consumer…

B2B Payments: A 2021 Guide to Business Payments

B2B Payments: A 2021 Guide to Business Payments
The definition of B2B payments that gets tossed around is: B2B payments is the transfer of value denominated in currency from buyer to supplier for goods or services. But where it gets interesting is the amount often being transacted (generally…

Top 10 Reasons to Use VoPay EFT Payments

Electronic Funds Transfer (EFT) is incredibly popular in Canada. At last check it accounted for 77% of total payments —that’s almost 17 billion transactions in Canada. It’s essential for businesses to recognize this number and accept that EFT usage will…